Oil & Gas Refining & Marketing

Morgan Keegan reiterated its Outperform rating on Genesis Energy (NYSE: GEL). At the same time, Morgan Keegan left its price target on the company's stock unchanged at $32. On Wednesday, Genesis lost 0.87% of its value to end the day at $27.33.

Rentech, Inc. (NYSE: RTK) announced today that Dennis L. Yakobson retired from the position of non-executive Chairman of the Board of Directors on June 28, 2011 after nearly 30 years of service as Chairman. Mr. Yakobson will remain a director of Rentech and serve as Chairman Emeritus. Halbert S....

Sunoco Logistics Partners L.P. (NYSE: SXL) announced today that it has reached an agreement with Sunoco, Inc. (NYSE: SUN) to purchase the Eagle Point tank farm and related assets, located in Westville, N.J., for approximately $100 million in deferred distribution units. Sunoco Logistics anticipates...

Sunoco, Inc. (NYSE: SUN) announced today that it has added 13 new Sunoco-branded sites to its growing network of more than 4,900 retail locations selling transportation fuels and convenience items. The sites are located in the Birmingham, Ala. market and result from agreements reached with...

Below are the top large-cap independent oil & gas stocks on the NYSE and the NASDAQ in terms of PEG ratio China Petroleum & Chemical Corp (NYSE: SNP) has a PEG ratio of 0.35. SNP's trailing-twelve-month revenue is $318.73 billion. CNOOC Limited (NYSE: CEO) has a PEG ratio of 0.39. CEO's...

Verenium Corporation (Nasdaq: VRNM) and Novus International Inc. today announced a strategic collaboration to jointly develop and commercialize a suite of new enzyme products from Verenium's late-stage product pipeline in the animal nutrition and health area globally.

Genesis Energy (NYSE: GEL) announced today that it has agreed to acquire for $141 million the black oil barge transportation business of Florida Marine Transporters, Inc. and its affiliates. That business is primarily comprised of 30 barges (7 of which will be sub-leased under similar terms of an...

Shares of Western Refining, Inc. (NYSE: WNR) are lower on the session by 4.54%, currently trading at $16.60. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying puts on the name today. A short...

Point Roberts, WA - June 23, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, releases a trading alert for Oil and Gas stocks June 22nd. Oil closed at $ 94.48 +0.26 +0.28%. American Petro-Hunter Inc. (OTCBB:AAPH) just a...

Western Refining, Inc. (NYSE: WNR) shares are soaring today, gaining more than 7% after Deutsche Bank upgraded the stock and raised the price target. Deutsche Bank moved the price target to $24, still around $7 below where shares are currently trading. At last check, shares of Deutsche Bank were...

Deutsche Bank made a number of updates in a research report published today. Western Refining (NYSE: WNR) had its rating raised from Hold to Buy and its price target increased from $15 to $24. On Tuesday, Western Refining added 4.29% to its value to end the day at $15.81. CVR Energy (NYSE: CVI)...

Two refiners, Holly (HOC) and Frontier Oil (FTO), rose Tuesday after agreeing to settle a series of shareholder lawsuits, clearing the path for their $2.85 billion merger announced in February. Holly shares rose 4%, ending 5% above a 63.44 buy point in a cup-with-handle base. The stock first...

The major indexes charged to session highs at midday Tuesday, as volume remained higher across the board. The Nasdaq composite was up 1.9%, the NYSE composite 1.5% and the S&P 500 1.3%. Turnover was up sharply from Monday's levels on both major exchanges. Some top-rated stocks appeared to be...

First Trust, the fastest growing of the 10 largest U.S. ETF issuers, has filed plans with the SEC to introduce the First Trust ISE Global Oil Refiners Index Fund, which will track the ISE Global Oil Refiners Index. The filing did not disclose a ticker or an expense ratio for the new ETF. While the...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Lithia Motors Inc (NYSE: LAD) is “way too speculative for you. I'd go with Carmax (NYSE: KMX) or with AutoNation (NYSE: AN)." For Kinder Morgan Energy Partners (NYSE: KMP), Jim said, "People didn't like the secondary. I say that'...